Description

42.12 lakh equity shares of Hazoor Multi Projects Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from October 17, 2025.

Summary

BSE has announced the listing of 42,12,000 equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) with effect from Friday, October 17, 2025. These shares were issued at a premium of Rs. 29/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are ranking pari-passu with existing equity shares and are subject to lock-in until April 21, 2026.

Key Points

  • Total shares listed: 42,12,000 equity shares of Re. 1/- each
  • Issue type: Preferential allotment to non-promoters
  • Issuance basis: Conversion of warrants
  • Issue price: Rs. 30/- per share (Re. 1/- face value + Rs. 29/- premium)
  • Distinctive Numbers: 224961411 to 229173410
  • ISIN: INE550F01049
  • Scrip Code: 532467
  • Trading permitted from: October 17, 2025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • The listed shares are subject to mandatory lock-in provisions as per SEBI regulations
  • All 42,12,000 shares (Dist. Nos. 224961411-229173410) remain locked-in until April 21, 2026

Important Dates

  • Date of Allotment: July 8, 2025
  • Trading Commencement Date: October 17, 2025
  • Lock-in Period Expiry: April 21, 2026
  • Notice Date: October 16, 2025

Impact Assessment

Market Impact: Low - This is a routine listing of preferential allotment shares for a single company. The modest size of the allotment (42.12 lakh shares) and lock-in restrictions limit immediate trading impact.

Liquidity Impact: Neutral in short term due to lock-in until April 2026. Post lock-in expiry, there will be potential supply of 42.12 lakh shares in the market.

Dilution Impact: The preferential allotment to non-promoters will dilute existing shareholding, though the actual dilution percentage depends on the company’s pre-issue equity base.

Operational Impact: None for trading members beyond noting the additional shares in circulation for the scrip code 532467.

Impact Justification

Routine listing notice for preferential allotment through warrant conversion with standard lock-in provisions, affecting a single small-cap company with limited market-wide impact.